205 Corey WayTravelers RestSC29690
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Travelers Rest at 205 Corey Way, Travelers Rest, SC, 29690 priced at $429,900 pairs $3,120/mo rent with $561/mo cash flow after a $2,104/mo payment. Total monthly income equals $3,120/mo, and annual cash flow comes to $6,732/yr on $142,512 invested. Return on cash invested is 24.63% in year one, and rental yield stands at 8.71% on a $429,900 basis. Equity gained on principal adds $2,774/yr, and 5% annual appreciation accumulates to $118,773 by year five. Five-year ROI measures 127.88% and total cumulative return in cash reaches $182,251. For financing, Ziffy Mortgage’s DSCR program evaluates $3,120/mo property income against a $2,104/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29690, Travelers Rest, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,329 (100%) |
| Owner Occupied HU | 7,764 (75.2%) |
| Renter Occupied HU | 1,792 (17.3%) |
| Vacant Housing Units | 773 ( 7.5%) |
| Median Home Value | $381,494 |
| Average Home Value | $436,149 |
Housing Distribution
Address Breakdown
Residential
9,877
Single Family
9,650
Multi-Family
227
Businesses
812
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Listed by: Victor Amadi • PRODUCER Realty LLC
Mls Name: WUMLS
Mls ID: #20293385